Section - 165 - Statutory meeting and statutory report of company
Meetings and proceedingsStatutory meeting and statutory reportof company.165. (1) Every company limited by shares, and every company limited by guarantee and having a share capital, shall, within a period of not less than one month nor more than six months from the date at which the company is entitled to commence business, hold a general meeting of the members of the company, which shall be called "the statutory meeting".(2) The Board of directors shall, at least twenty-one days before the day on which the meeting is held, forward a report (in this Act referred to as "the statutory report") to every member of the company :Provided that if the statutory report is forwarded later than is required above, it shall, notwithstanding that fact, be deemed to have been duly forwarded if it is so agreed to by all the members entitled to attend and vote at the meeting.(3) The statutory report shall set out— (a) the total number of shares allotted, distinguishing shares allotted as fully or partly paid up otherwise th .... To read the full section download the app from Google Play store
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